Difference b/w coparceners and karta - Business Studies - Forms of Business Organisations

Question

Difference b/w coparceners and karta

Vipin Bansal · Accepted Answer

Dear Student

S No
Karta
Coparceners

1
Karta is the head of
family
Coparceners are the member of
family

2
Karta is responsible for management of
Hindu Undivided Family He is the manager of HUF
No such responsibility is there

3
Karta is the custodian of income and
assets of HUF
Coparceners must take due care of income
and assets of HUF but they are not treated as custodian

Regards

S.No	Karta	Coparceners
1	Karta is the head of family	Coparceners are the member of family
2	Karta is responsible for management of Hindu Undivided Family. He is the manager of HUF	No such responsibility is there.
3	Karta is the custodian of income and assets of HUF	Coparceners must take due care of income and assets of HUF but they are not treated as custodian.